Company & Business
Whether for a rental business, a startup or to hold property, foreigners can own a Turkish company outright. We handle the formation and the recurring legal and contractual needs that follow.
Setting up a company in Türkiye
Foreign nationals may own a Turkish company outright. The most common form is the limited liability company (Limited Şirket); the joint-stock company (Anonim Şirket) is used for larger ventures. In the Muğla region, companies are frequently used for rental and tourism businesses, trade, and holding assets.
Formation steps
Formation generally involves preparing the articles of association, registration through the MERSIS system and the Trade Registry (Ticaret Sicil Müdürlüğü), obtaining a tax number and registering with the tax office, and opening a company bank account. A minimum capital applies, as set by law.
Ongoing obligations
A company carries continuing accounting, tax and reporting duties, together with commercial matters such as lease, supplier and employment agreements. The residence or work status of foreign directors may also need attention, depending on their role.
A note on accuracy
Capital requirements, procedures and tax obligations are set by law and change from time to time. The framework above is stable; for current figures and the structure suited to a particular plan, please contact the office.
How we help
- 01
Choosing the right structure (most often a limited company) and drafting the articles.
- 02
Company formation, tax registration and the opening steps with the trade registry.
- 03
Commercial contracts: leases, supplier and employment agreements.
- 04
Ongoing legal support, including compliance and dispute handling.
FAQ
- Can a foreigner own a company in Türkiye?
- Yes. Foreign nationals may own a Turkish company in full. The most common form is the limited liability company (Limited Şirket).
- What company type is most common?
- The limited liability company (Limited Şirket) is the usual choice; the joint-stock company (Anonim Şirket) suits larger ventures.
- What are the main formation steps?
- Preparing the articles of association, registering via MERSIS and the Trade Registry, obtaining a tax number, and opening a company bank account.
- Is there a minimum capital?
- Yes, a minimum capital is set by law. As it changes over time, the current figure should be confirmed before formation.
- Does owning a company give me residence?
- Company involvement can support certain residence applications, subject to conditions. Company formation and residence are separate procedures.
- What ongoing obligations does a company have?
- Continuing accounting, tax and reporting duties, along with commercial contracts and, where relevant, the status of foreign directors.
Areas we serve
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